Does it cost anything to make a loan to a lending project?

Anyone who has the intention to contribute towards a loan for a lending project on SimplyGiving.com are able to so at no cost.

The beneficiary of the loan will pay a small service fee to use our service. It is 5% on funds successfully raised, plus a standard credit card processing fees.

If you wish for 100% of your loan to go to the beneficiary, we have a tool that allows you to opt into paying the 5% service fee on behalf of the beneficiary. This is what we call Donor Pays. This is not mandatory and is totally up to you as to whether or not you would like to cover the fees too.